What is staking all about? To put it simply, there's one logic: your coins are still yours and haven't been given away. By storing them, you temporarily authorize the platform to use your assets for operations, and in return, you can receive continuous rewards. The keys are still in your hands, the ownership of the assets hasn't changed; you're just exchanging them for more returns and participation mechanisms while lending them out. In simple terms: it's authorization, not transfer, that's the essence of staking.
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OnchainUndercover
· 5h ago
The key is in your own hands? Uh, the premise is that the platform doesn't do a Rug Pull.
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LayerZeroHero
· 5h ago
Having the key in the palm of your hand feels secure; this is the true essence of stake.
What is staking all about? To put it simply, there's one logic: your coins are still yours and haven't been given away. By storing them, you temporarily authorize the platform to use your assets for operations, and in return, you can receive continuous rewards. The keys are still in your hands, the ownership of the assets hasn't changed; you're just exchanging them for more returns and participation mechanisms while lending them out. In simple terms: it's authorization, not transfer, that's the essence of staking.